The decision of ECB to cut the rate by 25pp to 0.75% caused the Euro to fall against the USD. Major commodities rates also fell. The on the other hand several rates such as the Aussie dollar slightly appreciated against…
Despite high expectations, the U.S. employment didn’t rise by a much higher pace in June than in the past few months: according to the latest U.S. employment report, which was published today, July 6th by the Bureau of Labor Statistics…
Major commodities changed direction and declined on Monday after they had hiked on Friday. The disappointing U.S and China’s manufacturing PMI may have contributed to the decline in commodities rates. Crude oil prices including both WTI and Brent declined on…
Major commodities and U.S stock markets changed direction and after they had tumbled down on Thursday, coming Friday commodities, stocks and currencies hiked on account of the recent agreement struck among EU countries. In this agreement EU leaders agreed that…
Major commodities and U.S stock markets tumbled down yesterday: Crude oil prices including both WTI and Brent fell on Thursday. Natural gas Henry Hub (July delivery) and spot price also changed direction and tumbled down. Gold and silver prices sharply…
Gold and silver prices started off the week on a positive note as both precious metals hiked on Monday. This rally comes after both metals tumbled down last week. Crude oil price (WTI) continued to decline while Brent oil edged…
Gold and silver prices didn’t do much on Friday after their tumble on Thursday. Gold finished slightly up while silver declined. Crude oil prices (WTI and Brent) recovered from their two day falls and rose on Friday. Natural gas Henry…
Gold and silver prices continued their downward trend and recorded the sharpest fall since the beginning of April 2012. Crude oil price (WTI and Brent) also tumbled down yesterday. Natural gas Henry Hub (July delivery) rose while the spot price…
The FOMC extended operation twist for the rest of the year but didn’t announce any additional QE program. The Fed also lowered its economic projection of the U.S economy. This news didn’t help commodities prices as many of them declined.…
The Fed announced it will continue its operation twist in which the Federal Reserve will extend the average maturity of its holdings of securities. This operation twist was first started back in September and was suppose to end this month.…